BEMS segment to soar as energy-efficient building market set for significant growth
The Building Energy Management Systems (BEMS) segment is set to soar over the next couple of years as the global energy-efficient building market is expected to see steady growth (9.6% CAGR) during 2016-2020, according to a recent market research report.
The report from RnR Market Research points out that this forecasted growth could be attributed to the need for energy management, increase in technological advancements, and increase in the number of green buildings.
Energy-efficient products and services provide significant benefits to a broad range of end-users, such as residential, IT parks, hotels, restaurants, manufacturing plants, government institutions, and retail outlets and the use of energy-efficient building products (such as BEMS or building energy management systems) will not only increases energy efficiency but, with the help of sensors, can also detect movement in and around the premises and inform or update consumers about any activity. Such measures address the rising safety and security concerns.
Commenting on the energy-efficient building market report, an analyst said: “Rising energy prices will be a key trend for market growth. Constant depletion of energy from natural resources without replenishment and a simultaneous increase in energy demand from various residential and commercial operations have resulted in a marked increase in energy cost over the years.
For example, in the US, average electricity price for retail and residential sectors notched up a 2.3% annual growth rate from 2008-2015. This has led to the growing demand for energy-efficient buildings worldwide. The focus has shifted from energy generation to energy conservation. The aim of designing these buildings is to improve the operational efficiency and slash overall energy costs. Moreover, they are also designed to help in the conservation of fossil fuels, thereby reducing the overall impact on the environment.”
HeatingSave Building Energy Management System – the perfect solution to enable significant energy savings
Achieving energy savings within the non-domestic sector can be easily achieved by implementing advanced advanced BEMS (Building Energy Management System) solutions, and this is exactly where the HeatingSave system might prove its worth, since our solution allows customers to achieve immediately savings of up to 30%+ on their energy bills.
This is achieved by optimizing the energy consumption levels within any building with the help of an advanced heat-loss algorithm that creates a specific profile for any building and based on that, switches heating on later if its warm and off earlier if its cold.
It also automatically adjusts your boiler depending on how warm it is outside – save up to another 10%.